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2-bed · 1,247 sqftSkycourt Towers B, Dubailand Residence Complex · 7th floor · completed 2011

723, Skycourt Towers B

Sold prices and rental history: sold once, by the developer in July 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 15 January 2019
Last soldAED 850K29 July 2009
Current rentAED 54K /yr15 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Skycourt Towers B

What is 723 worth today?

Last sold for AED 850,108 in 2009

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15 Jan 2019RentedNew contract
AED 54,000/yr12 months · AED 43 per sqft
1 Nov 2017RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
1 Nov 2016RentedNew contract
AED 68,000/yr12 months · AED 54 per sqft
29 Jul 2009Sold by developerOff-plan
AED 850,108AED 681 per sqft

Source: Dubai Land Department. Updated 15 January 2019.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
7th of 21
Parking
P2 B163
Developer
Sky Courts
Completed
2011
Service charge
AED 14,900 /yr
Last sold
AED 850K · July 2009
Building
Skycourt Towers B

About 723, Skycourt Towers B

723 is a two-bedroom apartment of 1,247 sqft on the 7th floor of Skycourt Towers B, a 21-storey tower in Dubailand Residence Complex completed in 2011 by Sky Courts. The developer sold it on 29 July 2009 for AED 850,108, or AED 681 per sqft, in line with the AED 677 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 15 January 2019, is AED 54,000 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 14,900 a year.

Sales and rents for 723 over time

Sales
Unit 723, each saleTypical two-bed in Skycourt Towers B
500K1M2009201420192024Typical sale price by year: 2009 AED 712,056; 2011 AED 472,790; 2012 AED 712,056; 2013 AED 441,954; 2014 AED 951,120; 2015 AED 453,750; 2016 AED 730,000; 2017 AED 800,000; 2018 AED 925,000; 2019 AED 750,000; 2020 AED 1,050,000; 2021 AED 552,500; 2022 AED 550,000; 2023 AED 710,538; 2024 AED 790,000; 2025 AED 897,500; 2026 AED 900,000Sold by developer, July 2009: AED 850,108 (AED 681 per sqft)

723 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 723, each contractTypical two-bed in Skycourt Towers B
40K60K20112015201920232027Typical rent by year: 2011 AED 47,223; 2012 AED 46,000; 2013 AED 50,000; 2014 AED 52,924; 2015 AED 70,000; 2016 AED 70,000; 2017 AED 65,175; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 65,000; 2026 AED 67,000New contract, November 2016: AED 68,000 a yearRenewal, November 2017: AED 68,000 a yearNew contract, January 2019: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Skycourt Towers B, and where 723 sits

All 214 2-beds →

723 last sold in July 2009 at AED 681 per sqft, in line with what two-beds in Skycourt Towers B were fetching at the time (AED 677). Over the last 12 months two-beds sold for AED 546,593 to 1,031,200, around AED 705 per sqft, and rent for AED 49,315 to 120,000 a year. 723's AED 54,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 2026870,000
26 Oct 2026950,000
16 Sep 2026687,470
25 Aug 2026890,000
24 2-bed sales in the last 12 months

Skycourt Towers B

Building

468 apartments, studios to 2-bed over 21 floors in Dubailand Residence Complex, completed in 2011 by Sky Courts. 42 sold in the last 12 months.

Typical price per sqft
AED 710 Up 6.2%
Typical sale
AED 722K
Typical rent
AED 49K /yr
Typical yield
8.8%
Skycourt Towers B, Dubailand Residence Complex: prices, sales and rents →

Other units on the 7th floor

All 468 units in Skycourt Towers B
Value
7012-bedAED 360K · Sep 2012
7022-bedAED 260K · Sep 2023
7032-bedAED 580K · Aug 2022
704StudioAED 136K · Dec 2015
705StudioAED 400K · Jun 2017
7062-bedAED 920K · Jun 2025
707StudioAED 320K · Sep 2013
1–7 of 18

723, Skycourt Towers B in numbers

  • Sold once: by Sky Courts on 29 July 2009 for AED 850,108, or AED 681 per sqft.
  • Rented since November 2016 on 3 Ejari contracts, from AED 68,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 14,900 a year (AED 11.97 per sqft).
  • Two-beds in Skycourt Towers B sold for AED 546,593–1,031,200 in the 12 months to November 2026; the building's median across all types is AED 710 per sqft.

Source: Dubai Land Department. Updated 15 January 2019.

Questions about 723, Skycourt Towers B

What did unit 723 last sell for?

AED 850,108 on 29 July 2009, sold by the developer: AED 681 per sqft for 1,247 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 54,000 a year on the contract signed on 15 January 2019. The previous contract, from November 2017, was AED 68,000; the unit has been rented since November 2016.

How big is unit 723?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2011.

What is unit 723 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Skycourt Towers B sold for AED 546,593 to 1,031,200 in the last 12 months, around AED 705 per sqft.

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Mortgage on 723, Skycourt Towers B

Starts from the last sale price (AED 850K, 29 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 850,108
Deposit, UAE resident (20%)
AED 170,022
Deposit, non-resident (40%)
AED 340,043
Monthly over 25 years at 3.7%
AED 3,478

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →